October 22, 2012

Century Iron Mines corporation announces first phase mineral resource statement of 7.26 billion indicated tonnes and 8.69 billion inferred tonnes for Rainy Lake iron deposit

Century Iron Mines corporation announces first phase mineral resource statement of 7.26 billion indicated tonnes and 8.69 billion inferred tonnes for Rainy Lake iron deposit

October 22, 2012

Chinese businesses rush to Indonesia in lead up to mineral export ban

Chinese investors and suppliers are flocking to Indonesia in the lead up to the archipelago nation's imposition of a ban on mineral exports in 2014.

October 21, 2012

Fresh calls for Carroll’s head. Anglo CEO could be out ‘within weeks’

"There have been signals from the company that there will be change at the top – and soon."

October 21, 2012

Xstrata ‘unfairly disparaged’ says chief

The board of Xstrata has been “unfairly disparaged” over its handling of the $70bn merger with commodities trader Glencore, according to Mick Davis, the miner's chief executive.

October 18, 2012

Australian gold exports to China surge over 900%, iron ore sinks 5%

Australian sales of gold to China have surged a staggering 905.4% on the back of the Middle Kingdom's efforts to short up its foreign currency reserves.

October 18, 2012

ArcelorMittal mulls sale of $10 billion Canadian iron ore business

ArcelorMittal, the world's largest steel producer, is considering to sale a stake in its $10 billion Canadian iron ore business, in an attempt to weather the slump in its key…

October 17, 2012

Standard and Poor’s cuts Anglo American’s outlook to negative

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects…

October 17, 2012

Oil and coal save BHP’s September quarter results

BHP Billiton (ASX,LON,NYSE:BHP), the world’s biggest miner by market value, posted Wednesday a weaker than expected September quarter from its West Australian iron ore mines as the company’s work on…

October 17, 2012

China’s share of global mining M&A’s doubles as total deals decrease

China's percentage of international mining merger and acquisition deals nearly doubled during the first half of the year according to a new report from PricewaterhouseCoopers (PWC).

October 17, 2012

Gulf in cost of borrowing reflects diverging fortunes of BHP and Fortescue

A gulf of difference in the cost of financing for Fortescue (ASX:FMG) and BHP Billiton (ASX:BHP) draws into relief the diverging outlook for the two iron ore stalwarts.